REDBANK PLAINS 
1 MIN READDemand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
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New BerrimaNew Berrima - SUBURB PROFILE REPORT
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Property investors have seen a 6.61% gain in NEW BERRIMA based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on NEW BERRIMA, 2577 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 29.27%.
Based on its average 5-year and quarterly capital gains NEW BERRIMA, 2577 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $605,000
Profits averaged 9.57% per annum over a 3-year period, due to an upward trend in home prices in NEW BERRIMA, 2577.
The gross rental yield in NEW BERRIMA, 2577 is 0%.
An average of 1.42 real estate transactions take place per month in NEW BERRIMA which translates to 17 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $605,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 6.61% | N/A |
| Median 12 month | 29.27% | N/A |
| Median 3 years | 28.72% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 11.62% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 22.3 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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